The SMSF Association has applauded ASIC’s decision to abandon the $500,000 SMSF threshold. Last week, the corporate regulator said it would remove $500,000 as an indicator of “appropriateness of
SMSF Award winner La Trobe Financial chats to SMSF Adviser about the evolution of its SMSF loan product and the outlook for property and lending With La Trobe Financial recently taking out the award
While ATO figures reveal a dramatic increase in the number of director ID applications, 33 per cent of SMSF directors are yet to apply ahead of the 30 November deadline. Based on estimates provided
With the ATO scaling up its compliance and undertaking detailed reviews including questionaries, SMSFs with compliance issues should take action now, an SMSF lawyer warns.
The industry association has endorsed the regulatory body s findings on supposed risks associated with LBRA activities. Earlier this month, the Council of Financial Regulators (CFR) made up of th